Course

Course Summary
Credit Type:
Course
ACE ID:
UPIS-0020
Organization's ID:
Accounting 210
Organization:
Location:
Online
Length:
69 Hours
Dates Offered:
Credit Recommendation & Competencies
Level Credits (SH) Subject
Upper-Division Baccalaureate 3 Managerial Accounting
Description

Objective:

The course objective is to equip students with essential skills for effectively communicating financial information in various business contexts. Students will master the art of financial communication, focusing on grammatical accuracy, clarity, and brevity. They will learn technical editing and rewriting techniques to ensure coherence and adherence to industry standards. Emphasis will be placed on understanding and crafting various financial documents, including reports and proposals, while upholding ethical considerations. Additionally, students will adopt a user-centric approach, conducting usability testing and developing test plans for financial documents. Advanced communication techniques, such as navigating electronic platforms and establishing professional communication principles, will also be covered.

Learning Outcomes:

  • Master key managerial accounting concepts, including cost behavior, budgeting, standard costing, and variance analysis, and apply these to managerial decision-making.
  • Analyze and interpret financial statements to understand an organization's financial health and its implications for strategic decisions.
  • Apply various costing methods in diverse business scenarios for effective decision-making and cost control.
  • Enhance critical thinking and problem-solving skills for financial analysis, promoting ethical standards in accounting practices and communication.
  • Develop skills in budget preparation and financial forecasting, assessing their impact on organizational performance.

General Topics:

  • Essentials of Corporate Governance in Managerial Accounting
  • Understanding Financial Statements and Balance Sheets
  • Diverse Cost Classifications in Accounting
  • Allocation of Manufacturing Overhead Costs
  • Exploring the Job Order Cost System
  • The Dynamics of Process Cost Systems
  • Delving into Activity-Based Costing
  • Analyzing Cost-Volume-Profit Relationships
  • Strategic Decision Making in Managerial Accounting
  • Pricing Strategies and Methods in Managerial Accounting
  • Comprehensive Budgeting in Managerial Accounting
  • Budgetary Control and Management
  • The Role of Standard Costs in Managerial Accounting
  • Essentials of Capital Budgeting in Managerial Accounting
  • In-Depth Analysis of Cash Flow Statements
  • Techniques for Financial Statement Analysis
  • Technological Tools in Managerial Accounting
Instruction & Assessment

Instructional Strategies:

  • Case Studies
  • Computer Based Training
  • Lectures

Methods of Assessment:

  • Examinations
  • Presentations
  • Quizzes

Minimum Passing Score:

70%
Supplemental Materials

Other offerings from UPI Study

(UPIS-0008)
(UPIS-0010)
(UPIS-0019)
(UPIS-0017)